Lockheed Martin Terminates $4.4 Billion Deal to Acquire Aerojet Rocketdyne
Lockheed Martin (NYSE: LMT), an American arms maker, just canceled its plans to acquire rocket maker Aerojet Rocketdyne for USD4.4 Billion, amid opposition from U.S antitrust enforcers. The move comes just three weeks after the Federal Trade Commission filed a lawsuit to impede the purchase. Lockheed Martin had announced its intent to acquire Aerojet Rocketdyne …
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